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HSBC's Argentina exit doesn't impact valuation, Shore Capital says 'buy'

By Benjamin Chiou

Date: Tuesday 09 Apr 2024

(Sharecast News) - Shore Capital has said that HSBC's disposal of its Argentinian business should not have a material impact on its investment case despite it generating a $1bn hit to the business.

HSBC Holdings on Tuesday said it was selling its Argentina business to Grupo Financiero Galicia for $550m...

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